America should be ready for 18 months of shutdowns, Fed official warns (interview, economy)
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"This could be a long, hard road that we have ahead of us until we get to either an effective therapy or a vaccine. It’s hard for me to see a V-shaped recovery under that scenario."
That’s Neel Kashkari, the head of the Federal Reserve Bank of Minneapolis, painting a rather gloomy picture in a CBS interview on Sunday morning of what lies ahead for the U.S. economy as the country continues to battle the coronavirus outbreak.
18 months! That will give the Left plenty of time to paint Trump into the History books as the man that single handedly destroyed America with chapter 2 being how the Democrats pulled us all out of the ashes to form the bright shiny new socialistic green new deal nation.
The Feds cannot support the People for 18 months. We will all go bankrupt.
And, why, yes, there really is such a thing as a coronavirologist. Those are men and women who have studied the corona virus in all its various forms for their entire adult lives searching for vaccines.
Two British researchers, Dr. Tyrrell and Dr. Bynoe, became the first coronavirologists in 1967.
That's how long they've been searching for vaccines.
18 months! That will give the Left plenty of time to paint Trump into the History books as the man that single handedly destroyed America with chapter 2 being how the Democrats pulled us all out of the ashes to form the bright shiny new socialistic green new deal nation.
The Feds cannot support the People for 18 months. We will all go bankrupt.
Not if they keep throwing money at people left and right.
This could be a long, hard road that we have ahead of us until we get to either an effective therapy or a vaccine. It’s hard for me to see a V-shaped recovery under that scenario.’
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Quote:
Originally Posted by Cape Cod Todd
18 months! That will give the Left plenty of time to paint Trump into the History books as the man that single handedly destroyed America with chapter 2 being how the Democrats pulled us all out of the ashes to form the bright shiny new socialistic green new deal nation.
The Feds cannot support the People for 18 months. We will all go bankrupt.
Quote:
Originally Posted by rstevens62
Not if they keep throwing money at people left and right.
At some point the country will go broke ... oh wait.
Seems to contradict what the Governors and The President is saying. Even NY governor Cuomo wants everything open as soon as possible.
These goofs are just trying to be re-elected. Of course they are going to stick to the "sunshine and rainbows" narrative. Trump doesn't want to be captain of a country thats shut down come November.
12-18 months if probably reasonable. This thing will just flair back up again because we know everyone has to be with groups of 100 people in this country all the time crambed all on top of each other.
This thing hasn't even peaked now. I bet there is 1-2 million people with this that don't even know it
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